Peter M Fass

October 07, 2009 | New York Law Journal

Peter M. Fass, a partner at Proskauer Rose, continues his discussion of the offer and sale of unregistered tax advantaged securities using the Internet, focusing on publicly surrounding an Internet offering of unregistered securities pursuant to Regulation D.

By Peter M. Fass

8 minute read

August 03, 2005 | New York Law Journal

Peter M. Fass, a partner at Proskauer Rose, discusses arrangements that may turn all or a portion of a nonrecourse liability into a recourse liability, which liability would then be includible in the basis of the guaranteeing partner's partnership interest.

By Peter M. Fass

11 minute read

December 01, 2004 | New York Law Journal

Peter M. Fass, a partner at Proskauer Rose, continues his analysis of the treatment of partnership recourse liabilities with discussions of reimbursements and the time of satisfaction of recourse liabilities.

By Peter M. Fass

16 minute read

August 06, 2008 | New York Law Journal

Peter M. Fass, a partner at Proskauer Rose, discusses the new version of Form D, which serves as the official notice of an offering of securities made without registration under the Securities Act of 1933 in reliance on the exemptions provided by Reg D, §3(c) or §4(6) under the 1933 Act.

By Peter M. Fass

12 minute read

August 04, 2004 | New York Law Journal

Peter M. Fass, a partner at Proskauer Rose, writes that Constructive Liquidation analysis takes into account the allocation of gain or loss under the partnership agreement, payment obligations pursuant to side agreements, indemnification and contribution rights and deficit capital account repayment obligations.

By Peter M. Fass

9 minute read

April 01, 2009 | New York Law Journal

Peter M. Fass, a partner at Proskauer Rose, writes that the Securities and Exchange Commission has issued several no-action letters that are helpful in setting forth the procedures to follow in Internet offerings and he discusses those letters.

By Peter M. Fass

9 minute read

June 04, 2010 | New York Law Journal

In his Real Estate Securities column, Peter M. Fass, a partner at Proskauer Rose, continues his review of the 2009 Levin Bill, which provides a set of special rules applicable to persons who hold investment services partnership interests including rules for treating net income allocable to ISPIs as ordinary income (subject to self-employment tax) and rules for deferring losses with respect to ISPIs.

By Peter M. Fass

14 minute read

August 04, 2010 | New York Law Journal

In his Real Estate Securities column, Peter M. Fass, a partner at Proskauer Rose, writes that passive loss rules and other provisions of the Tax Reform Act of 1986 require the typical tax shelter investor to pay tax currently on his positive income from his business activities, salary, and investment income (e.g., dividends and interest), and generally limits his ability to use losses and credits from "passive activities" other than against income from passive activities until disposition of the property comprising the passive activity.

By Peter M. Fass

11 minute read

April 02, 2008 | New York Law Journal

Peter M. Fass, a partner at Proskauer Rose, having recently discussed the Securities and Exchange Commission's proposed revisions to the limited offering exemption as set forth in Regulation D, now addresses the integration proposal with respect to Reg. D offerings.

By Peter M. Fass

11 minute read

December 05, 2007 | New York Law Journal

Peter M. Fass, a partner at Proskauer Rose, discusses one of the Securities and Exchange Commission's proposed revisions to the limited offering exemption as set forth in Regulation D to add the large accredited investor exemption to Reg D.

By Peter M. Fass

9 minute read